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    Property profile & analytics

    3973 Douglas Church Rd Salem, IN 47167-8292

    • Theaters & concert halls
    • 3,320 SF
    • 1.50 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 08, 2021
    Location Intelligence
    Property ID
    US31-1750897
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Theaters & concert halls

    Property Details for 3973 Douglas Church Rd

    Year built
    1970
    Construction
    WOOD
    Lot size
    1.50 lot acres
    Property size
    3,320 SF
    Property type
    Theaters & concert halls
    APN
    88-13-04-000-008.000-007
    APU
    881304000008000007

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Washington
    State
    Indiana
    Longitude
    -86.1788
    Latitude
    38.5442
    CBSA code
    31140
    CBSA name
    LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,595
    $16,000
    $74,700
    $90,700
    -
    $16,000
    $74,700
    $90,700

    Comparable in this City

    • Value Estimation
      $440,000
      9,281 SF

      402 Harrison St

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    • Value Estimation by Request
      5,314 SF

      202 Market St

      THEATER (MOVIE) • 5,314 SF
      202 Market St, Salem, IN 47167-2118
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    • Value Estimation
      $400,000
      10,668 SF

      705 Rush Crk Rd

      THEATER (MOVIE) • 10,668 SF
      705 Rush Crk Rd, Salem, IN 47167-6536
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    • Value Estimation
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      5,100 SF

      305 Walnut St

      THEATER (MOVIE) • 5,100 SF
      305 Walnut St, Salem, IN 47167-2133
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    • Value Estimation by Request
      2,941 SF

      4378 Enon Church Rd

      THEATER (MOVIE) • 2,941 SF
      4378 Enon Church Rd, Salem, IN 47167-8560
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    • Value Estimation by Request
      1,609 SF

      3572 Nubian Rd

      THEATER (MOVIE) • 1,609 SF
      3572 Nubian Rd, Salem, IN 47167-8952
      View Details

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    Salem, IN 47167-8292
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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